BP Alaska: $2.45 billion in 2007

Company upped earnings despite production declines, tax increases; paid $2.133 billion in taxes, including $1 billion plus to state

Eric Lidji

Petroleum News

BP Exploration (Alaska) Inc. made $2.45 billion in 2007, an 11.7 percent increase over 2006 earnings, despite production declines on the North Slope and tax increases from the state government.
The Alaska subsidiary of the London-based oil giant brought in $6.59 billion in revenue and paid $2.133 bi....

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